P4.3 Assuming you purchased a share of stock for $50 one year ago, sold it today for

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P4.3 Assuming you purchased a share of stock for $50 one year ago, sold it today for $60, and during the year received three dividend payments totaling $2.70, calculate the following.

a. Income

b. Capital gain (or loss)

c. Total return (1) In dollars (2) As a percentage of the initial investment

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Fundamentals Of Investing

ISBN: 9780136117049

11th Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott B. Smart, Scott J. Smart

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